Schuyler Hose Co Inc

Analysis

Schuyler Hose Co Inc is a registered charity in United States, based in Schuylerville, NY. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Schuyler Hose Co Inc reported income of $103k and spending of $43k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $103k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Schuyler Hose Co Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Weigel Foundation ($103k), Adonai Missions International Inc ($103k) and Sav-A-Life of Dale County Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 4.4% of the total. At year end it held assets of $435k against liabilities of $0, net assets of $435k.